ARACO   FOR BUILDING MATERIALS 1من   اصل2

60   SECONDS WITH ENGINEER YVES RAHBANY, OPERATION
MANAGER  
FOR BUILDING MATERIALS & CONTRACTING  
Araco   For Building Materials & Contracting offers a wide range of products
adapted to the various applications of building materials and admixture for
construction field, made in EGYPT.
Hereby the 60 seconds interview with the Big 5 marketing department
regarding the largest construction event in Egypt.
What are the major opportunities you spot in Egypt’s • construction
industry?
The Egyptian construction industry’s output has been growing fast since
2015. Such increase can be attributed to public and private sector
investments in infrastructure and residential construction projects. The
construction industry is expected to continue to expand strongly over the
forecast period up to 2022.
In your opinion, what is most important about Egypt’s construction industry
today?
The Egyptian construction industry has an important effect on the country’s
social and economic growth and development.
While the industry used to stem from a lack of resources and technological
expertise, today there is growing awareness: all kind of resources for the
building industry are available, creating a strong competition.
In our opinion, stability will go a long way in improving the industry’s
efficiency.
Any forecast for the next 5 years?
The Egyptian government’s push to stimulate the economy after a turbulent
post-revolutionary period is good news for the construction sector these
days. Dozens of planned reequip-projects and public works initiatives mean
that the contracting industry is facing sizeable projects across all segments
of the market. Some of the large-scale plans include a new capital city, the
expansion of the Suez Canal, the last 2 phases of the metro and the
development of touristic areas on the Mediterranean coast.